Shares of tyre makers rise on weak natural rubber prices and increased auto sales. Demand from auto companies expected to accelerate, traders say, citing revival in passenger vehicle growth. Demand recovery is expected in passenger vehicles over the next six…
Category: Industry News
China rubber products demand expected to boost
Demand for rubber products in China is projected to grow 8.8 percent per year to 740 billion yuan in 2017. Advances will be supported by healthy growth in manufacturing, especially in the industrial machinery and motor vehicle industries. Rapid expansion…
Capitol reports safety recall of Precision Trac II tyres
ITG Voma Corp., manufacturer of Capitol brand tyres, is recalling certain Capitol Precision Trac II tyres because they may experience tread separation. The 94,890 potentially affected tyres are sizes 245/70R17, 235/70R16, 235/75R15, 245/70R16, 245/75R16, 255/70R16, and 265/75R16 and were produced…
Vacu-Lug launches new range of commercial vehicle tyres
Vacu-Lug Traction Tyres has launched the first in its new flagship range of commercial vehicle drive axle tyres, inspired by the latest production techniques and technologies used in aircraft and high-performance tyres. The Vacu-Lug Logistik range is designed to offer…
Toyo files infringement suit against Chinese firm
During the course of the recent SEMA Show/Global Tire Expo, Toyo Tire & Rubber Co. and its U.S. operations took legal action against a Chinese tyre firm whose display features a business name and logos that infringed on its name…
Cambodian rubber industry threatened by illicit cross-border trade
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. The first half of the year saw local rubber prices tumble…
Toyo announces safety recall of 175,000 tyres
Toyo Tire Holdings of Americas Inc. has announced a safety recall campaign on approximately 175,000 Toyo and Nitto brand tyres intended for light trucks, SUVs and vans including those used in commercial applications. The recall campaign covers select Toyo Open…
Sentury reveals new Delinte DV2 commercial van tyre
Sentury Tire has introduced the Delinte DV2 Commercial Van Tire to its lineup. The lineup, available for immediate shipment, will have 15 sizes, load range C-designated to fit commercial vans that require higher load-range or European-spec tyres. According to Max…
Younger population, consumer confidence drive India’s tyre market
Germany headquartered research firm, GfK, reveals in a new report that India has a flourishing market for vehicle tyres, with shops numbering over 50,000 across the country to cater to its growing younger population and increasing buying power, backed by…
Wacker opens airbag lab in Japan
Wacker Asahikasei Silicone (AWS), a 50-50% Japanese joint venture of Munich-based Wacker Chemie AG and Japanese chemical group Asahi Chemical Industry, opened a new development laboratory for airbag applications. The Airbag Competence Center of Excellence in Silicones (ACES), will spearhead…